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Feds researching fire risks from EV batteries, regulator says

Federal safety regulators have begun an $8.75 million study of whether lithium ion batteries in electric vehicles pose a potential fire hazard, officials said Thursday. Kevin Vincent, chief counsel of the U.S. National Highway Traffic Safety Administration, said researchers are looking at whether the high-voltage batteries can cause fires when they are being charged and when the vehicles are in an accident.

U.S. auto sales rise 5 percent in July

General Motors Co. and Ford Motor Co. posted their smallest U.S.

Chrysler truck brand to launch 'Guts. Glory. Ram.' tagline

Chrysler Group's Ram truck brand is launching a tagline as part of a second-year sponsorship of Churchill Downs and the Kentucky Derby. The new tagline--"Guts. Glory.